29.01.2016 - Iran says low oil prices will not last long
Iranian President Hassan Rouhani said on Thursday that oil prices would not stay low for long as producers restore market balance. "The price of oil is at a low level ... I don't think it will last in the long term ... The pressure on oil-producing nations means balance will be restored in the short term," Rouhani, whose country is the third-largest producer in OPEC, said at the French Institute of International Relations. Pragmatist Rouhani arrived in France on Wednesday on the second leg of a state visit to Europe after three days in Italy. Iran is pushing to boost oil exports now that international sanctions against it have been lifted...............................................Full Article: Source
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